Electric Motors in   China

Overview In February 2024 China's Electric Motors exports accounted up to $1.04B and imports accounted up to $260M, resulting in a positive trade balance of $780M. Between February 2023 and February 2024 the exports of China's   Electric Motors have increased by $62.2M (6.37%) from $978M to $1.04B, while imports decreased by $-44M (-14.5%) from $304M to $260M.

Destinations In February 2024, Electric Motors were exported mostly to United States ($100M), Japan ($67.4M), Germany ($55M), Mexico ($53.8M), and India ($52.3M), and were imported mostly from Germany ($67.7M), Japan ($43.4M), Thailand ($17.2M), Switzerland ($12.9M), and United States ($12.4M).

Growth In February 2024, the increase in Electric Motors's year-by-year exports was explained primarily by an increase in exports to Algeria ($10.5M or 857%), Turkey ($10M or 25.5%), and Netherlands ($7.44M or 21.5%). In February 2024, the decrease in Electric Motors's year-by-year imports was explained primarily by a decrease in imports from Japan ($-49.1M or -48.2%), China ($-9.15M or -38.5%), and South Korea ($-9.15M or -47.5%).